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OBLIGATIONS OF THE

PARTNERS WITH REGARD


TO THIRD PERSONS

SECTION 3
ARTICLE 1822.
Where, by any wrongful act or omission of any partner
acting in the ordinary course of the business of the partnership
or with the authority of his co-partners, loss or injury is caused
to any person, not being a partner in the partnership, or any
penalty is incurred, the partnership is liable therefor to the
same extent as the partner so acting or omitting to act. (n)
ARTICLE 1823
The partnership is bound to make good the loss:

(1) Where one partner acting within the scope of his apparent authority
receives money or property of a third person and misapplies it; and

(2) Where the partnership in the course of its business receives money
or property of a third person and the money or property so received is
misapplied by any partner while it is in the custody of the partnership.
(n)
ARTICLE 1824

All partners are liable solidarily with the partnership for


everything chargeable to the partnership under articles 1822 and
1823. (n)
ARTICLE 1825
When a person, by words spoken or written or by conduct, represents
himself, or consents to another representing him to anyone, as a partner in
an existing partnership or with one or more persons not actual partners, he
is liable to any such persons to whom such representation has been made,
who has, on the faith of such representation, given credit to the actual or
apparent partnership, and if he has made such representation or consented
to its being made in a public manner he is liable to such person, whether the
representation has or has not been made or communicated to such person
so giving credit by or with the knowledge of the apparent partner making
the representation or consenting to its being made:
(1) When a partnership liability results, he is liable as though
he were an actual member of the partnership;

(2) When no partnership liability results, he is liable pro rata


with the other persons, if any, so consenting to the contract or
representation as to incur liability, otherwise separately.
When a person has been thus represented to be a partner in an
existing partnership, or with one or more persons not actual
partners, he is an agent of the persons consenting to such
representation to bind them to the same extent and in the same
manner as though he were a partner in fact, with respect to
persons who rely upon the representation. When all the members
of the existing partnership consent to the representation, a
partnership act or obligation results; but in all other cases it is the
joint act or obligation of the person acting and the persons
consenting to the representation. (n)
ARTICLE 1826
A person admitted as a partner into an existing partnership is
liable for all the obligations of the partnership arising before his
admission as though he had been a partner when such
obligations were incurred, except that this liability shall be
satisfied only out of partnership property, unless there is a
stipulation to the contrary. (n)
ARTICLE 1827

The creditors of the partnership shall be preferred to


those of each partner as regards the partnership property.
Without prejudice to this right, the private creditors of
each partner may ask the attachment and public sale of
the share of the latter in the partnership assets. (n)
DISSOLUTION AND
WINDING UP
CHAPTER 3
ARTICLE 1828
The dissolution of a partnership is the change in the
relation of the partners caused by any partner ceasing to be
associated in the carrying on as distinguished from the
winding up of the business. (n)
ARTICLE 1829

On dissolution the partnership is not terminated,


but continues until the winding up of partnership
affairs is completed. (n)
ARTICLE 1830
Dissolution is caused:
(1) Without violation of the agreement between the partners:
(a) By the termination of the definite term or particular undertaking specified in
the agreement;
(b) By the express will of any partner, who must act in good faith, when no
definite term or particular is specified;
(c) By the express will of all the partners who have not assigned their interests or
suffered them to be charged for their separate debts, either before or after the
termination of any specified term or particular undertaking;
(d) By the expulsion of any partner from the business bona fide in
accordance with such a power conferred by the agreement between the
partners;

(2) In contravention of the agreement between the partners, where the


circumstances do not permit a dissolution under any other provision of
this article, by the express will of any partner at any time;

(3) By any event which makes it unlawful for the business of the
partnership to be carried on or for the members to carry it on in
partnership;
(4) When a specific thing which a partner had promised to contribute to
the partnership, perishes before the delivery; in any case by the loss of the
thing, when the partner who contributed it having reserved the ownership
thereof, has only transferred to the partnership the use or enjoyment of the
same; but the partnership shall not be dissolved by the loss of the thing when
it occurs after the partnership has acquired the ownership thereof;

(5) By the death of any partner;

(6) By the insolvency of any partner or of the partnership;

(7) By the civil interdiction of any partner;

(8) By decree of court under the following article. (1700a and 1701a)